Kraken denies SEC claims, argues digital assets aren’t securities: Law Decoded
Kraken rejects the SEC’s securities allegations, Brazil lifts the freeze on Starlink’s bank account, the UK clarifies crypto property rights, and Coinbase backs NFT’s legal defense.
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Ledger CEO says crypto key recovery service makes self-custody easier
Hardware crypto wallet firm Ledger has faced harsh criticism from the crypto community after announcing its “Recover” service, which is an optional paid feature that will eventually allow users to back up and restore their private seed phrase.Due to concerns expressed about the security elements of Ledger Recover, the hardware wallet manufacturer decided to postpone…
South African Reserve Bank encourages friendly behavior with crypto
The banking authority said avoiding risk through cutting off crypto-involved clients may pose a “threat” to financial integrity. 112 Total views 33 Total shares The Prudential Authority of the Reserve Bank of South Africa sent out guidelines in effort to prevent illicit activities to its subsidiaries, which included encouragement not to cut off all ties…
PayPal applies for NFT marketplace patent for on- or off-chain asset trading
PayPal’s proposed NFT purchase and transfer system would handle fractionalization, DAOs and royalties through a third-party provider. 686 Total views 2 Total shares PayPal made major progress toward creating its own blockchain ecosystem by filing a patent application for a nonfungible token (NFT) purchase and transfer system. The application, filed in March and published Sept.
Texas alleges that BlockFi is offering unregistered securities
The state's financial regulator join its counterparts in New Jersey and Alabama in taking action against the crypto lending platform. 440 Total views 5 Total shares The Texas State Securities Board has filed for a cease and desist order against crypto lending firm BlockFi for not offering a security licensed at the state or federal…
Indian State Gov’t Partners With Blockchain Firms to Drive Tech Growth
Indian state government-led blockchain accelerator T-Block partners with Aeternity, Harmony, and Matic Network to ramp up blockchain growth. T-Block, an Indian government-led blockchain accelerator program by the State Government of Telangana and Tech Mahindra, has partnered with blockchain companies Matic Network, Harmony, and Aeternity to support the growth of blockchain startups across the state.Local news…
Bitcoin, Ethereum, Ripple, EOS, Litecoin, Bitcoin Cash, Binance Coin, Stellar, TRON, Bitcoin SV: Price Analysis, March 8
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.The market is cycling between periods of low volatility and high…
US Debt Hits $25T — Stimulus Checks That Bought Bitcoin Now Worth $1.6K
The Federal Reserve’s Zimbabwe-esque policy sees the country’s debt mountain reach unimaginable heights, adding $1 trillion under one month. Bitcoin (BTC) proponents are in shock once again this week as the true extent of the United States’ fiat debt bubble becomes clearer. Citing statistics from the U.S. Treasury on May 7, markets analyst Mati Greenspan noted…
3 key reasons why Polkastarter (POLS) price rallied 500% since December
Polkastarter (POLS) is a cross-chain token pool and auction protocol built on the Polkadot (DOT) blockchain. It launched in October of 2020 as a way for projects to raise capital in a decentralized environment and since January the token has rallied 500% to a new high at $1.78.Three possible reasons for the recent growth of…